Westinghouse Welcomes Canadian Financing for Poland's First Nuclear Power Plant [Yahoo! Finance]
Brookfield Business Partners L.P. Limited Partnership Units (BBU)
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Source: Yahoo! Finance
PETERBOROUGH, Ontario, December 09, 2024 BUSINESS WIRE )--Westinghouse Electric Company welcomes the Letter of Interest (LOI) for US$1.45 billion ($2.02 billion CAD) in financing from Export Development Canada (EDC) to support the AP1000 ® project to build Poland's first nuclear power plant. Westinghouse helped facilitate the financing for Polskie Elektrownie Jadrowe (PEJ), the state-owned company that is responsible for developing the plant at the Lubiatowo-Kopalino site in Pomerania. "Not only does this financing agreement underscore the important role Canada will play in helping Europe secure and diversify its energy future, but it will also help prepare the nation's nuclear supply chain to support the next AP1000 plant in North America," said Dan Lipman, President of Westinghouse Energy Systems. "We appreciate the close cooperation of the EDC in helping Westinghouse make AP1000 projects a reality for its customers while bringing home economic benefits to Canada." This announc
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- 8/2/24 - Miss
BBU
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